Israel Englander Millennium Management
Israel “Izzy” Englander is the founder of Millennium Management, one of the world’s largest multi-strategy hedge fund platforms. Millennium allocates capital across hundreds of independent teams rather than a single house view, with rigorous risk controls at the platform level. Englander’s model has been highly influential in the rise of pod-shop multi-manager structures across the industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 47.74% |
| 2 | Healthcare | 11.91% |
| 3 | Technology | 7.43% |
| 4 | Financials | 6.52% |
| 5 | Consumer Discretionary | 5.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2076
MYR Group
MYRG
$4.82B
| $1.76M | ﹤0.01% |
67,198
-43,935
| -40% | -$1.23M |
|
|
HOLX
2077
CALL
DELISTED
Hologic
HOLX
| $1.75M | ﹤0.01% |
50,000
-320,000
| -86% | -$15.2M |
|
|
QIWI
2078
DELISTED
QIWI PLC
QIWI
| $1.75M | ﹤0.01% |
163,527
+128,640
| +369% | +$2.2M |
|
|
PTR
2079
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $1.74M | ﹤0.01% |
48,446
-128,201
| -73% | -$5.39M |
|
|
KSU
2080
CALL
DELISTED
Kansas City Southern
KSU
| $1.74M | ﹤0.01% |
13,700
-1,900
| -12% | -$290K |
|
2081
Tronox
TROX
$877M
| $1.74M | ﹤0.01% |
348,715
-529,674
| -60% | -$4.39M |
|
2082
PUT
HP
HPQ
$27.1B
| $1.74M | ﹤0.01% |
100,000
-59,700
| -37% | -$1.21M |
|
2083
Enel Chile
ENIC
$6.14B
| $1.73M | ﹤0.01% |
521,992
-1,495,244
| -74% | -$6.6M |
|
|
HEES
2084
DELISTED
H&E Equipment Services
HEES
| $1.73M | ﹤0.01% |
117,997
+60,981
| +107% | +$1.48M |
|
|
EGOV
2085
DELISTED
NIC Inc
EGOV
| $1.73M | ﹤0.01% |
75,325
+16,383
| +28% | +$334K |
|
2086
Gray Television
GTN
$493M
| $1.73M | ﹤0.01% |
161,097
-342,825
| -68% | -$6.2M |
|
2087
LKQ Corp
LKQ
$6.42B
| $1.73M | ﹤0.01% |
84,203
-480,377
| -85% | -$14.2M |
|
2088
Barclays
BCS
$90.3B
| $1.72M | ﹤0.01% |
379,507
-103,293
| -21% | -$798K |
|
2089
Hooker Furnishings Corp
HOFT
$145M
| $1.72M | ﹤0.01% |
110,122
+41,924
| +61% | +$863K |
|
2090
Anika Therapeutics
ANIK
$279M
| $1.71M | ﹤0.01% |
59,236
-36,778
| -38% | -$1.49M |
|
|
GOGL
2091
DELISTED
Golden Ocean Group
GOGL
| $1.71M | ﹤0.01% |
547,291
-452,838
| -45% | -$1.91M |
|
2092
CALL
Delta Air Lines
DAL
$53.4B
| $1.71M | ﹤0.01% |
59,900
-79,300
| -57% | -$3.93M |
|
|
NPTN
2093
DELISTED
NEOPHOTONICS CORP
NPTN
| $1.71M | ﹤0.01% |
235,703
+185,308
| +368% | +$1.37M |
|
2094
PUT
Chubb
CB
$131B
| $1.7M | ﹤0.01% |
15,200
+11,200
| +280% | +$1.61M |
|
|
LM
2095
DELISTED
Legg Mason, Inc.
LM
| $1.69M | ﹤0.01% |
34,681
-469,321
| -93% | -$20.5M |
|
2096
CALL
L3Harris
LHX
$48.8B
| $1.69M | ﹤0.01% |
+9,400
| New | +$1.93M |
|
2097
Carnival Corporation Ltd
CCL
$34.2B
| $1.69M | ﹤0.01% |
128,437
-1,579,404
| -92% | -$56.2M |
|
2098
Xencor
XNCR
$2.15B
| $1.69M | ﹤0.01% |
+56,588
| New | +$1.87M |
|
2099
Chefs' Warehouse
CHEF
$4.54B
| $1.69M | ﹤0.01% |
167,477
+82,253
| +97% | +$2.44M |
|
|
AHRT
2100
AH Realty Trust
AHRT
$495M
| $1.69M | ﹤0.01% |
+157,441
| New | +$2.55M |
|
Similar funds
Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $20.8B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 48% of assets, up from 38% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.